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20121201
20121231
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CNBC 9
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Search Results 0 to 8 of about 9
CNBC
Dec 5, 2012 9:00am EST
toward really slimming down citi by the new ceo. he has a quote in here saying these actions are logical next steps in citi's transformation and says they're committed to strategy that continues to leverage in the global banking market. if you go through the list of where these jobs are actually coming from, institutional clients group which is investment banking a quarter of the job cuts are going to come from there. my 2013 predictions i said that group would slim down by half. interesting that they are cutting a big chunk of that group. global consumer banking is responsible for 35% of the cuts and then going on through the other business lines like citi holdings, those are responsible for smaller portion of those jobs. citi getting smaller. a billion dollars going to be the pretax charge in the fourth quarter of next year. 11,000 jobs a big move from the new ceo over there. carl? >> all right. thank you very much, kayla. we're reading through the release right now ourselves. big strategic move. >> how many people work at this bank? i feel like they've been firing forever. citi did no
CNBC
Dec 12, 2012 9:00am EST
an apartment, it was not that valuable. >> it's not practical for a new york city dweller, for instance. >> when you get houses, you see the mexican properties? i'm saying they're going up there. >> oh, really? >> yeah. if anybody wants one. >> available for weekend rental. >> semiautomatic weapon included. >> somebody stole it from me, he thought i was going to stop there, and let hem get away with it, and that's not really my style. >> would you kidnap jim cramer, david? i'm not sure. >> no. >> it would end there. >> it never ends. >> if the guy had done nothing, i would have said fib. but i found him -- no one has seen "taken 2." >> how could you not? what a great franchise. >> i know. >> she's been taken. >> really bad luck. >> when we come back, apple tv, microsoft surface tablets, we'll bring you the latest development regarding both of those. more from the deal book conference in manhattan, including an exclusive with lloyd feinstein. 11:00 a.m. eastern time. hanging on to gains. at the nyse, when we return. can i help you? i heard you guys can ship ground for less than the ups s
CNBC
Dec 3, 2012 9:00am EST
actually got a toaster oven when i opened an account with citi in 1978. never did a stitch of business with them. still have the toaster oven. >> you bought trousers and went to -- >> in my dad's oldsmobile. >> which states are likely to feel the most pain if america falls off the cliff? up next, cramer's six stocks in 60 seconds. back in a moment. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer.forbusi. [ yawning sound ] >> let's check in with simon hobbs to s
CNBC
Dec 14, 2012 9:00am EST
chickens in the two, three, four tier cities. they're equal to chicago, right? >> yeah. 200 cities in china the size of chicago, in terms of population. >> and those are small. >> can you imagine the lines at starbucks there? a cappuccino machine goes down, it could shut down the whole city. >> my daughter was asking, how did there come to be so many people in china? >> 200 years ago, i guess, that's a long time -- >> the nation building? >> i didn't have an answer. >> discovery will do us -- >> fill me in. i need to brush up on my -- >> but david faber isn't ignorant. his hair looks better. china, here's the story. >> hair looks better. then china better. relative issue. >> it's a relative issue. thank you. very nice. >>> let's check with mary thompson, on the floor in for bob pisani today. >> weakness across the board. weakness in the nasdaq, down about 20 points. the dow lost in early trade. a little more modest in the s&p, down 4.25%. traders saying the fiscal cliff headlines will continue to dictate trading. and here there was a little reaction in the futures market ahead of today's op
CNBC
Dec 18, 2012 9:00am EST
on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperform just as it did last time. >> private equity firm server said it will sell the firearms conglomerate. is private equity talking about guns in the country. >> futures moving higher on optimism. the white house republicans rising above partisanship, getting closer to striking a deal on the fiscal cliff. we have the latest on not just the breakdown of this offer, but by the response of some key senators this morning. good morning. >> yeah, that's right, carl. we saw the offer come in late last night and now we're seeing reaction early this morning. let me walk you through first of all of what the president laid down on the table yesterday, starting with taxes. the president is proposing now $1.2 trillion in new revenue increases, tax increases on individual income. that's lower than his initial offer after the election of
CNBC
Dec 13, 2012 9:00am EST
this morning, a company backed by millionaire elon muss sex going mub. we are talking about solar city, known for solar panels, musk, who is the company's chairman and ceo, lyndon life, will join us this hour. nship. together for your future. ♪ >>> google maps returned to apple's i phone and ipad. google maps replaced the default application with its own app but that was a target of widespread criticism. the google maps available as a download from apple's itunes store. so it is available as a download. i mean, does this change anything, jim? >> google is huge. >> yeah it s >> apple -- are we really trading on every little review now? oh, wow, google maps. there is a un -- really an unreality about these stocks. they should not trade on whether google maps is sudden lynn better than apple maps, should be trading on profits, earnings. google missed last time, apple missed twice. maybe apple doing better. we look at the review and say i got to take out some google. it is not going to drive google's earnings, if you -- display ad does drive google's earnings but nothing to do with display ads,
CNBC
Dec 7, 2012 9:00am EST
river. the whole river walk has been redone unlike anything anyone has seen in an american city. we're very excited about it. >> dan, thank you. thanks for the work you're doing. appreciate you joining us today. have great weekend, everybody. right now it's time for "squawk on the street." >> up 146,000, that's the jobs numbers for november. unemployment at 7.7. that's the lowest in exactly four years. good morning. welcome to "squawk on the street." i'm carlos gutierrez with jim cramer, david faber and melissa lee. questions remain about the internals. europe is reacting to a miss on german industrial production and some reports at least that some ecb members favored a rate cut yesterday. our road map will go like this. that puzzling jobs number beating virtually every wall street estimate as the labor department says sandy had only a minimal effect. is it true a clean number and what are conspiracy theorists saying. >>> a comment hastings made last july. what does it say about s.e.c. rules and whether they are out of date. >> mcdonald's will post same store sales on monday gets an
CNBC
Dec 10, 2012 9:00am EST
? the exclusive numbers on that after the break. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> i wanted to update our viewers on shares of hewlett-packard. you may have noticed one point eclipsing up 4.5% today. now taking off some of those gains, but still up almost 3%. a lot of chatter continues to be centered on the idea of potentially breaking the company up. some people would say you certainly do get a fairly big number. let's not forget it's not the hp of packard and hewlett. this argument continues to be out there. and then you'll start to hear rumors about a potential activist. let's not forget they already have an activ
CNBC
Dec 11, 2012 9:00am EST
and great values on your holiday shopping from l.l. bean. >>> hi. i'm steven ye, located in new york city. i'm annoyed. i'm annoyed with the fiscal cliff. we're looking at not knowing what's going to happen. we fall off this cliff, and everyone gets affected. there's no trickle-down effect, it's more like a slush. we will lose income. the question is, housm income are we going to lose. if we fall off the cliff, the fear is that we fall off the cliff. not slowly glide down the cliff. big government at this point needs to understand that we should be able to trust you to do the right thing. put politics aside. think about us, the people. that's why we have government. fix it. >> all right. we're looking at a triple-digit gain here on the dow at this hour. up 109 points, a game of 13 points there. the nasdaq really the outperformer up by 1.one and a third points. andy lapierre is managing director with the group. what happens in the next few days will determine whether or not we have a year-end rally. >> we're having a rally already, melissa. absolutely. the market -- the next few days will det
Search Results 0 to 8 of about 9